GST Return reconciliation often trips up even seasoned finance teams. Understand, once and for all, how GSTR-2A (dynamic) and GSTR-2B (static) differ, why the GST Return you file in GSTR-3B should now lean on 2B, and the fool-proof steps for monthly matching, ITC maximisation, and audit-proof compliance in 2025. 1. Read More »
Learn the 10 most frequent GST return blunders—wrong GSTIN, excess ITC, missed RCM, and more—and discover quick, practical fixes to keep filings clean 1. Entering the Wrong GSTIN A single-digit slip can derail your entire GST return. When the buyer’s GSTIN is wrong, their input-tax credit (ITC) vanishes, and your Read More »
Struggling with monthly GST returns? This guide breaks down GSTR 3B for every businesses—due dates, QRMP timelines, late-fee caps, interest rates, and the seven common filing mistakes that trigger notices. Learn how to reconcile GSTR-1, claim ITC correctly, and dodge last-minute portal glitches. Our step-by-step checklist and FAQs help you Read More »
Why this guide?2025 is shaping up to be the most compliance-heavy year since GST launched. From tighter e-invoicing timelines to “no-edit” GSTR-3B, the accuracy of your GSTR 1 Filing now determines everything from input-tax credit (ITC) flow to penalty exposure. Below is a step-by-step, plain-English roadmap to help you file Read More »
When you understand your taxes and importance of ITR filing, you control your money— not the other way around. 1. Why ITR filing matter Mandatory disclosure of income, deductions and taxes paid. Proof for visa applications, high-value loans and government tenders. Smooth refunds—especially crucial this year, as experts warn of Read More »
“Confused about returns? This up-to-date guide (post-Finance Act 2025) explains ITR-2 Eligibility AY 2025-26, key tax-rate tweaks, deadlines, and real stories.” 1. What Exactly Is ITR-2 and Why it matter for AY 2025 - 26 ITR-2 Eligibility AY 2025-26 : ITR-2 is the Income-tax Return for Individuals & HUFs who Read More »
The uncomfortable truth: Every month, hundreds of Indian businesses lose thousands of rupees in penalties because they can't answer one simple question: "When exactly do I need Form 15CA and 15CB for my foreign remittance?" The answer isn't as straightforward as most finance teams think—and the consequences of getting it wrong Read More »
If the words ITR 1 filing mistakes make your pulse spike, relax—you’re about to discover the ten slip‑ups that block refunds, trigger notices, and cost salaried employees needless late fees. seven out of ten assessment notices sent to salaried taxpayers trace back to the same handful of errors — errors Read More »
1. Why the 20 % pre-deposit became such a headache In 2016 & 2017 the CBDT updated Instruction No. 1914, directing Assessing Officers (AOs) to insist on a 20 % deposit of the disputed tax before granting a stay on "Stay on Income Tax Recovery" during appeal. Many AOs began Read More »
